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    55 4Th Ave Brooklyn, NY 11217

    For Sale
    $3,500,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Lot size:
    0.03 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 55 4Th Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C44D
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1920
    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Keller Williams Realty Empire (718) 766-7159

    Listing agent Margherita Esposito (718) 766-7159

    Listing date Aug 12, 2025

    MLS# 494111 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Building For Sale

    This mixed-use property is situated in a prime Brooklyn location, offering convenient access to various amenities. The owner has maintained the property in good condition. The building features a finished basement currently utilized as a dance studio area, complete with two bathrooms and a double sink. Above the commercial space, there are two, two-bedroom apartments, each featuring large living room areas. The roof is 7 years old, and the windows are 16 years old. The property is zoned C44D and has a lot size of 0.02685950413223141 acres. There is potential to expand the building up to 6+ stories, offering long-term investment opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Salsa Salsa Dance ... Dance School

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.979068
    Latitude
    40.682672

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property in prime location with income potential.
    Where is this mixed-use property located?
    The property is located at 55 4Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Prime location with close proximity to amenities.; - Potential to expand the property vertically up to 6+ stories.; - Includes two, two-bedroom apartments above commercial space.
    (718) 766-7159
    Request Owner's contact information
    55 4Th Ave Brooklyn, NY 11217
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    Brooklyn, NY 11217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 4Th Ave Brooklyn, NY 11217
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